A new co-innovation center in the heart of the South East Asian power house
Paris, Amstelveen/ Chennai, India: 5 November 2015 – Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has signed a partnership with Ramco Systems, which specializes in business software systems, especially in the MRO sector, to set up a joint innovation center in Singapore. A team of around ten people will work there on designing and developing innovative, rapid-deployment solutions for strategic areas in the aircraft maintenance industry, benefitting AFI KLM E&M customers all around the world.
AFI KLM E&M setting a course for innovation
For over two decades, AFI KLM E&M has been deploying its powers of innovation, whether driven by its people on the ground or in dedicated R&D centers, to develop breakthrough solutions in support of its maintenance processes and for the benefit of its clients. Recently, the Group formally created “The MRO Lab – Adaptive Innovations” signature to gather its innovation potential and bring it to the marketplace. This program is part of the Group’s strategy to promote and accelerate its innovation potential, which relies on two pillars: stimulate innovation everywhere across our organization, and partner with innovative startups and universities in France, in the Netherlands and beyond.
The creation of a new, joint R&D center with Ramco is a part of this momentum. The MRO Lab Singapore aims to encourage the rapid emergence and diffusion of innovative, high value-added, MRO solutions, in the heart of a fast growing MRO market and in a fruitful innovation ecosystem. The project is also the outcome of an exchange of experience and best practice between AFI KLM E&M and its partner, Ramco, which has extensive know-how in the aircraft maintenance sector.
As James Kornberg, Director for Engineering & Maintenance Innovation at AIR FRANCE KLM explains: “The team working at The MRO Lab Singapore will be able to benefit from the respective expertise of our two groups in support of their work. This will focus on priority topics identified by their strategic character, from Wearable technology to Optimization and Big Data-linked applications, improving customer relations, and streamlining and monitoring of maintenance data, and so on.”
Virender Aggarwal, CEO of Ramco Systems, said: “We at Ramco believe that innovation is the true differentiator for any organization in this fast changing world where business models are getting disrupted everyday. By integrating the deep expertise built in addressing the Aviation industry with future-ready technologies, we strive to help clients’ build on technology to solve business problems. The MRO Lab is strategically located in Singapore to leverage on the aviation industry presence and tap into the best of multi-cultural, multi-lingual and multi-national talentpool the country has to offer.”
About Ramco Systems
Ramco is a fast growing enterprise software player disrupting the market with its multi-tenanted cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On Innovation front, Ramco has been focusing on moving towards Cognitive and Robotic ERP with features such as Mail It – a feature which enables users to transact with the application by just sending an email; HUB It - a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.
With 1600+ employees spread across 20 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it’s Monday!
Ramco Systems - Winner of ISG Award for Innovation
For more information, please visit http://www.ramco.com/aviation-suite
Follow Ramco on Twitter @ramcosystems or read latest updates on http://blogs.ramco.com
About AFI KLM E&M
Air France Industries KLM Engineering & Maintenance is a major multi-product MRO (Maintenance, Repair, Overhaul) provider. With a workforce of over 14,000, AFI KLM E&M offers comprehensive technical support for airlines, ranging from engineering and line maintenance to engine overhaul, aero structure and FTR support, as well as the management, repair and supply of aircraft components, structured around a powerful logistics network. AFI KLM E&M supports almost 1,500 aircraft operated by 150 major international and domestic airlines.
AFI KLM E&M voted MRO of the Year 2015 by Aviation Week Magazine
AFI KLM E&M voted MRO of the Year 2014 and 2015 by Airline Economics
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